Today we’d like you to read a review about another HappyForex’s robot called Happy Way. It performs trading with the direction of the market.
Robot features:
- Trading 5 symbols: USD/CAD, AUD/USD, AUD/CAD, CAD/CHF, AUD/CHF.
- It doesn’t use any indicator.
- It uses a grid strategy.
- The robot doesn’t use martingale.
- Beginners-friendly.
- ECN brokers support.
System and robot requirements:
- Windows 7, 8, 10, Mac OS, and Linux systems.
- Trading on the MT4 platform.
- Three types of accounts: Micro, Mini, and Standard accounts.
- Minimal deposit for Micro Account (0.01 lot): recommended is $1000 for one currency pair.
- Minimal deposit for Mini Account (0.1 lot): recommended is $10.000 for one currency pair.
- Minimal deposit for Standard Account (1 lot): recommended is $100.000 for one currency pair.
Happy Way trading results
It’s a real USD account that runs by the EA since May 2017. The robot trades through Fort Financial Services with 1:500 leverage on the MetaTrader 4 platform. The initial deposits were $29726. During the three years, the total gain became +35.74%. The average monthly gain is +0.83%. The max drawdown is 30.33%.
As it’s seen from the chart and sheet, the robot can trade smoothly and predictably.
The robot traded 693 deals with 19731 pips. The average win ($49.42) looks equally as the average loss (-$55.57). The average win-rate is between 65% and 69%. The average trade length is 19 days. The profit factor is high and equals 1.85.
All the symbols bring equal profit.
It’s rare to see a profitable and smooth trading robot that trades all day. Most deals were opened during a European session.
It trades every day.
The robot runs with a 1% risk level.
Yesterday a lot of open trades were manually closed.
Years went but the EA trades the same.
Happy is one of the most well-known EA designers with many real accounts to check.
Pricing & Refund
There are two packages that vary depending on the number of licenses. For 300 EUR (-30% OFF) we’ll get 10 EAs and 2 real licenses. For 500 EUR it’ll be 5 real licenses.
The devs provide a 30-day money-back guarantee as well.
The packages also include:
- Unlimited demo accounts.
- User manual.
- 24/7 welcome support.
- Free updates.
- It works with any broker.
How good Happy Way is in 2020?
Pros
- Well-known robot design company
- 5 symbols to work with
- 3rd-party verified trading results
- smooth trading results for years
- 30-day money-back guarantees
Cons
- Settings are not explained
- No backtests provided
- Deposit requirements aren’t friendly
- No people feedback provided